article thumbnail

Banking 2030, Part 5: Opportunities and Challenges in Banking’s Core Offerings

The Financial Brand

This article Banking 2030, Part 5: Opportunities and Challenges in Banking’s Core Offerings appeared first on The Financial Brand. Special Report: Good news: Many current lines of business will endure in the bank of the future, enhanced and augmented by digital technologies.

article thumbnail

Andreessen Partner Predicts More Libra-Type Crypto Efforts

PYMNTS

Mint’s decision to phase out production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030, Bloomberg News reported. The company raised $350 million in 2018 for startups working on the blockchain technology underpinning digital coins.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Facebook's Libra Hires HSBC Veteran As Managing Director

PYMNTS

The association said in a news release that “Emmett is a highly experienced financial services leader with a wealth of global experience in business, strategy, technology and operations, gained through his 25 years with HSBC.". In addition, government entities have become interested in “stablecoin” technology. On the heels of the U.S.

article thumbnail

Virgin Galactic To Become First Listed Human Spaceflight Company

PYMNTS

Special-purpose acquisition company (SPAC) Social Capital Hedosophia Holdings Corp. The spaceflight company sees the arrangement as providing it with sufficient capital for funding until the time its spaceships have the ability to operate commercial and churn a profit.

Company 128
article thumbnail

Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. Lendo is backed by three venture capital firms in the Middle East, as well as a group of angel investors in the area. The startup was founded by Osama AlRaee and Mohammed Jawabri. .

Capital 131
article thumbnail

‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

million in fresh capital, a funding round that comes after one in May that brought it about $7.9 The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, DoorDash and Deliveroo. which is developing robotic technology that can prepare and cook pizzas while en route to delivery.

article thumbnail

Dutch Takeaway.com Gets $10B For London’s Just Eat Takeover

PYMNTS

The merger is a triumph for hedge fund investor Cat Rock Capital , who is invested in both companies and has asked for a deal. which is developing robotic technology that can prepare and cook pizzas while en route to delivery. The new company will be incorporated and headquartered in Amsterdam.